Daily Bulletin

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OxPay and CIMB Bank to Collaborate to Enhance Digital Payment Solutions

OxPay is expected to benefit from lower processing cost through CIMB Bank’s collaboration with Visa and Mastercard

  • With his agreement, Oxpay will become the first digital payment gateway company to collaborate with CIMB Bank in an effort to enhance digital payment solutions for merchants in Southeast Asia
  • The partnership will enhance CIMB Bank's merchant services for card transactions through the Card Networks and bolster OxPay's presence in Singapore as the exclusive payment gateway collaboration partner of CIMB Bank
  • OxPay aims to increase its presence in the market of offline vendors and merchants, and offer services that were previously unavailable through preferred partnerships such as, specific bank programmes

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